Here are some interesting observations regarding the Real Estate Market here in Fresno County. I currently have a client who is trying to buy a home priced around 125K. They are paying cash, but have been outbid on 5-6 properties in the past 3 weeks and all had multiple offers. Investors seem to have returned to Fresno County looking to buy REO properties that have been priced well. There was an article in the Fresno Bee yesterday which told the story of how local cities have federal money to buy these REO's, but they are losing the homes to these Investors in biding wars. I think it is great that we have multiple offers on these properties, but frustrating for the 1st time home buyer such as my client I mentioned above. The increased interest and activity in the market is great.... now we just need to fix the financial side of the market and make it a little easier for buyers to get a good loan that they can afford...................

Community Food Bank Needs YOUR Help

Start Giving. Start Living by helping local families in need. Community Food Bank feeds over 90,000 people per month. Those numbers are astounding. The Central Valley water crisis and continued unemployment is creating an even greater need for food.

That's why Lennar Fresno is doing our part, and we need your help. Our goal is to help feed 100 families. We're collecting food throughout the Central Valley at our Welcome Home Centers. Can you bring in a few cans from your pantry?

Stop by any Lennar Welcome Home Center now through October 30th and donate non-perishable items, canned food, and dry goods. All items will benefit the Community Food Bank to help your neighbors in need.

For more information, call 559-994-6567. You can find a list of collection bin locations at www.lennar.com/Fresno or www.facebook.com/Lennar.Fresno . Every one can makes a difference.

Shantay R. Davies

Internet New Home Consultant
Lennar Fresno Division

Clovis Foreclosure FHA Loan Program

Clovis foreclosures are high on everyone's list these days, but unfortunately, unless you have a stack of cash to pay for repairs, closing costs, and a down payment, most Clovis home buyers can't take advantage of these bargain priced homes. Until now. Many Clovis buyers are unaware of an overlooked government loan that's ideal for Clovis foreclosures. Here's how you can take advantage of this little known loan program and snatch up a Clovis foreclosure priced 20-30% below other Clovis homes for sale. Read More

Not all Clovis Foreclosures are Good Deals

Foreclosure Clovis CA Clovis foreclosures (also known as Clovis REOs) account for nearly 1 out of every 2 homes sold in Clovis these days. However, Clovis buyers seeking a foreclosed Clovis home for sale should understand that not every foreclosure is a good deal. Here’s why.

Clovis Foreclosures

Anytime you buy a Clovis foreclosure, you need to have the property thoroughly inspected. Most Clovis foreclosures need more than just new carpet and some paint, they may need major repair. Unfortunately, much of the damage is hidden. While it doesn’t take an expert to see that a toilet has been ripped out, it does require someone with expert knowledge to know that while tearing it out the previous owner damaged the attached pipe or filled the water line with cement (yes, it happens). Bottom line: Hire a good Clovis home inspector to make sure your “bargain” doesn’t turn out to be a money pit.

Cheap Clovis Foreclosures?

Read more...

Saturday and Sunday the Valley Historical Society had its annual Civil War Revisited in Kearny Park. Yesterday I attended for my very first time. I went for the 2:30 event after church. I was really tired when I got there but once those cannons started firing my fatigue fled. Below are a couple of my favorites captures. If you would like to see more, click here to go to my website.